What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). See the black market Dollar to Naira exchange rate for 9th June, 2022, below. You can swap your dollar to Naira at these rates.
How much is dollar to naira today in black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N580 and sell at N610 on Thursday, 9th June, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | 580 |
| Selling Rate | 610 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices varies.
The continued rise in the amount spent on subsidising Premium Motor Spirit, popularly called petrol has operators in the oil and gas sector uncomfortable as the price jumped to N947.51bn between January and April 2022.
The Nigerian National Petroleum Company Limited has described the monthly rise in PMS subsidy spending by the oil firm as an under-recovery/value shortfall.
NNPC had informed the Federation Account Allocation Committee that it would deduct an estimated value shortfall of N874.5bn in May 2022 and proceed due for sharing at the June 2022 FAAC meeting.
NNPC has been the sole importer of petrol into Nigeria for several years running. The firm has also been subsidising the commodity all these years.
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